MLYS - Mineralys Therapeutics, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$43.00
DETAILS
HIGH:
$56.00
LOW:
$30.00
MEDIAN:
$43.00
CONSENSUS:
$43.00
UPSIDE:
66.09%
| Metric | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of Revenue | 0 | 0.0 | 0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 0 | (0.0) | 0 | (0.0) | 0 | 0 | 0 | 0 | 0 | (0.0) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | |||||||||||||||||||
| R&D Expenses | 221.4 | 24.4 | 24.4 | 31.4 | 38.3 | 37.9 | 44.6 | 54.0 | 39.3 | 30.8 | 23.7 | 22.5 | 11.9 | 12.3 | 7.8 | 6.1 | 5.6 | 6.8 | 6.6 |
| SG&A Expenses | 24.7 | 21.0 | 13.9 | 9.7 | 8.5 | 6.6 | 7.2 | 6.1 | 5.9 | 4.6 | 4.0 | 3.8 | 3.9 | 2.6 | 2.2 | 1.4 | 0.9 | 0.8 | 0.5 |
| Other Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 246.0 | 45.3 | 38.3 | 41.1 | 46.7 | 44.4 | 51.8 | 60.1 | 45.2 | 35.4 | 27.7 | 26.3 | 15.7 | 14.9 | 10.0 | 7.4 | 6.5 | 7.6 | 7.1 |
| Operating Income | |||||||||||||||||||
| Operating Income | (246.0) | (45.3) | (38.3) | (41.1) | (46.7) | (44.4) | (51.8) | (60.1) | (45.2) | (35.4) | (27.7) | (26.3) | (15.7) | (14.9) | (10.0) | (7.4) | (6.5) | (7.6) | (7.1) |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 5.0 | 6.0 | 6.0 | 4.2 | 3.5 | 2.2 | 2.8 | 3.8 | 4.2 | 3.9 | 3.3 | 3.5 | 3.6 | 2.3 | 0.9 | 0.7 | 0 | 0 | 0 |
| Profitability | |||||||||||||||||||
| EBITDA | (241.1) | (39.3) | (32.2) | (36.9) | (43.3) | (42.2) | (48.9) | (56.3) | (41.0) | (31.5) | (24.3) | (22.8) | (12.1) | (12.6) | 0.9 | 0.7 | 0 | 0 | 0 |
| EBIT | (241.1) | (39.3) | (32.2) | (36.9) | (43.3) | (42.2) | (48.9) | (56.3) | (41.0) | (31.5) | (24.4) | (22.8) | (12.1) | (12.6) | (9.1) | (6.7) | (6.5) | (7.6) | (7.1) |
| Income Before Tax | (241.1) | (39.3) | (32.2) | (36.9) | (43.3) | (42.2) | (48.9) | (56.3) | (41.0) | (31.5) | (24.4) | (22.8) | (12.1) | (12.6) | (9.1) | (6.7) | (6.5) | (7.6) | (7.1) |
| Income Tax Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income | (241.1) | (39.3) | (32.2) | (36.9) | (43.3) | (42.2) | (48.9) | (56.3) | (41.0) | (31.5) | (24.4) | (22.8) | (12.1) | (12.6) | (9.1) | (6.7) | (6.5) | (7.6) | (7.1) |
| Per Share Data | |||||||||||||||||||
| EPS (Basic) | -2.85 | -0.47 | -0.40 | -0.52 | -0.66 | -0.79 | -0.98 | -1.13 | -0.83 | -0.70 | -0.61 | -0.57 | -0.31 | -0.51 | -1.74 | -1.29 | -1.26 | -1.48 | -1.40 |
| EPS (Diluted) | -2.85 | -0.47 | -0.40 | -0.52 | -0.66 | -0.79 | -0.98 | -1.13 | -0.83 | -0.70 | -0.61 | -0.57 | -0.31 | -0.51 | -1.74 | -1.29 | -1.26 | -1.48 | -1.40 |
| Shares Outstanding | 84.7 | 82.8 | 80.5 | 70.6 | 65.5 | 53.2 | 50.0 | 49.8 | 49.4 | 44.9 | 40.1 | 39.9 | 39.8 | 24.8 | 5.2 | 5.2 | 5.1 | 5.1 | 5.1 |
| Metric | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q1 | 2021 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||
| Cash & Cash Equivalents | 138.3 | 112.8 | 172.9 | 217.6 | 101.8 | 165.0 | 114.1 | 97.3 | 67.9 | 90.4 | 49.3 | 86.3 | 101.1 | 138.2 | 87.7 | 49.0 | 0 | 10.6 |
| Short-Term Investments | 523.1 | 533.3 | 483.7 | 0 | 223.1 | 178.0 | 84.1 | 166.3 | 243.3 | 248.1 | 187.3 | 167.5 | 160.0 | 132.4 | 22.4 | 72.0 | 0 | 0 |
| Net Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 0 | 6.4 | 4.8 | 382.2 | 10.4 | 11.5 | 7.2 | 4.1 | 6.9 | 8.3 | 12.5 | 0 | 8.4 | 4.6 | 2.7 | 0 | (10.6) | 0.1 |
| Total Current Assets | 665.8 | 652.5 | 661.4 | 599.8 | 335.3 | 354.5 | 205.4 | 267.7 | 318.0 | 346.8 | 249.1 | 265.4 | 269.5 | 275.3 | 112.8 | 121.9 | 0 | 11.1 |
| Non-Current Assets | ||||||||||||||||||
| Property, Plant & Equipment | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.5 | 12.1 | 21.7 | 31.1 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 2.0 | 0.4 | 0.4 | 0.1 | 0.4 | 0.4 | 0.5 | 0.5 | 0.4 | 0.4 | 0.1 | 0.1 | 0.1 | 0.0 | 1.6 | 0.6 | 0 | 0.0 |
| Total Non-Current Assets | 2.1 | 0.4 | 0.4 | 0.2 | 0.5 | 0.4 | 0.6 | 0.5 | 0.5 | 0.4 | 2.5 | 12.2 | 21.7 | 31.2 | 1.6 | 0.6 | 0 | 0.0 |
| Total Assets | 667.9 | 652.9 | 661.8 | 599.9 | 335.7 | 354.9 | 205.9 | 268.3 | 318.5 | 347.2 | 251.6 | 277.6 | 291.2 | 306.4 | 114.4 | 122.5 | 0 | 11.1 |
| Current Liabilities | ||||||||||||||||||
| Account Payables | 1.1 | 1.1 | 2.0 | 1.1 | 3.2 | 0.4 | 0.5 | 3.1 | 1.7 | 4.3 | 0.6 | 5.6 | 2.2 | 2.4 | 1.9 | 2.6 | 0 | 0.8 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 11.3 | 7.6 | 18.5 | 2.6 | 1.1 | 3.6 | 2.1 | 1.3 | 0.7 | 1.6 | 6.7 | 0.8 | 0.4 | 0.7 | 0.4 | 0 | 0.3 |
| Total Current Liabilities | 19.3 | 14.7 | 15.1 | 23.5 | 22.2 | 13.4 | 14.6 | 31.3 | 28.4 | 19.2 | 10.5 | 13.5 | 6.2 | 10.6 | 8.1 | 7.2 | 0 | 5.1 |
| Non-Current Liabilities | ||||||||||||||||||
| Long-Term Debt | 97.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 158.6 | 158.6 | (6.1) | 29.0 |
| Total Non-Current Liabilities | 97.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 158.6 | 158.6 | (6.1) | 29.0 |
| Total Liabilities | 116.9 | 14.7 | 15.1 | 23.5 | 22.2 | 13.4 | 14.6 | 31.3 | 28.4 | 19.2 | 10.5 | 13.5 | 6.2 | 10.6 | 166.7 | 165.9 | (6.1) | 34.0 |
| Stockholders' Equity | ||||||||||||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0 | 0.0 |
| Retained Earnings | (737.6) | (496.5) | (457.2) | (424.9) | (388.0) | (344.7) | (302.5) | (253.6) | (197.2) | (156.2) | (124.7) | (100.3) | (77.6) | (65.4) | (52.8) | (43.7) | 0 | (23.0) |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (251.6) | 0 | 0 | 0 | 0 | 0 | (22.9) | 0 |
| Total Stockholders' Equity | 550.9 | 638.1 | 646.7 | 576.4 | 313.6 | 341.6 | 191.3 | 236.9 | 290.1 | 328.0 | 241.2 | 264.0 | 285.0 | 295.9 | (52.3) | (43.4) | 6.1 | (22.9) |
| Total Liabilities & Equity | 667.9 | 652.9 | 661.8 | 599.9 | 335.7 | 354.9 | 205.9 | 268.3 | 318.5 | 347.2 | 251.6 | 277.6 | 291.2 | 306.4 | 114.4 | 122.5 | 0 | 11.1 |
| Debt Metrics | ||||||||||||||||||
| Total Debt | 97.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Debt | (40.7) | (112.8) | (172.9) | (217.6) | (101.8) | (165.0) | (114.1) | (97.3) | (67.9) | (90.4) | (49.3) | (86.3) | (101.1) | (138.2) | (87.7) | (49.0) | 0 | (10.6) |
| Metric | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||
| Net Income | (241.1) | (39.3) | (32.2) | (36.9) | (43.3) | (42.2) | (48.9) | (56.3) | (41.0) | (31.5) | (24.4) | (22.8) | (12.1) | (12.6) | (9.1) | (6.7) | (6.5) | (7.6) | (7.1) |
| Depreciation & Amortization | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock-Based Compensation | 7.4 | 6.5 | 5.3 | 5.8 | 4.6 | 3.6 | 3.1 | 3.1 | 0.0 | 2.2 | 1.5 | 1.6 | 1.3 | 0.7 | 0.2 | 0.2 | 0.0 | 0.0 | 0.0 |
| Change in Working Capital | 5.7 | (2.1) | (6.7) | 4.6 | 10.8 | (5.9) | (19.7) | 5.7 | 10.8 | 12.7 | (4.0) | 4.1 | (7.5) | (0.1) | (0.9) | (0.5) | (0.0) | 0.1 | 2.2 |
| Other Non-Cash Items | 195.4 | (4.6) | (4.2) | (2.4) | (2.2) | (1.0) | (1.3) | (2.7) | 0.0 | (2.5) | (2.1) | (2.0) | (2.0) | (0.9) | (0.4) | 0.0 | 1.0 | 0.9 | 0 |
| Operating Cash Flow | (32.6) | (39.5) | (37.9) | (28.9) | (30.2) | (45.5) | (66.8) | (50.2) | (30.1) | (19.1) | (29.0) | (19.0) | (20.4) | (12.8) | (10.2) | (7.0) | (5.5) | (6.6) | (4.9) |
| Investing Activities | |||||||||||||||||||
| Capital Expenditure | 0 | 0 | (0.0) | 0 | 0 | 0 | 0 | (0.0) | 0 | (0.1) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (310.2) | (347.4) | (268.5) | (300.5) | (117.9) | (127.9) | (63.9) | (58.9) | (127.3) | (123.4) | (73.1) | (56.0) | (56.1) | (162.8) | 0 | (71.8) | 0 | 0 | 0 |
| Sales/Maturities of Investments | 325 | 302.5 | 165 | 150 | 75 | 35 | 147.5 | 138.5 | 135 | 67.5 | 65 | 60 | 40 | 22.5 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | (200) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50 | 0 | 0 | 0 | 0 |
| Investing Cash Flow | (185.2) | (44.9) | (103.5) | (150.5) | (42.9) | (92.9) | 83.6 | 79.6 | 7.7 | (56.0) | (8.1) | 4.0 | (16.1) | (140.3) | 50 | (71.8) | 0 | 0 | 0 |
| Financing Activities | |||||||||||||||||||
| Net Debt Issuance | 96.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0 | 0 | 0 | 6.6 | 0 | 0.1 | (0.0) | (0.0) | (0.1) | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Financing Cash Flow | 243.3 | 24.3 | 96.7 | 295.2 | 9.8 | 189.3 | 0.1 | (0.0) | (0.2) | 116.2 | 0.1 | 0.2 | (0.6) | 203.6 | (1.1) | (0.6) | 117.7 | 12.0 | 0 |
| Cash Position | |||||||||||||||||||
| Net Change in Cash | 25.5 | (60.1) | (44.7) | 115.8 | (63.2) | 50.9 | 16.8 | 29.4 | (22.6) | 41.1 | (37.0) | (14.8) | (37.1) | 50.5 | 38.7 | (79.3) | 112.2 | 5.4 | (4.9) |
| Cash at Beginning | 112.8 | 172.9 | 217.6 | 101.8 | 165.0 | 114.1 | 97.3 | 67.9 | 90.4 | 49.3 | 86.3 | 101.1 | 138.2 | 87.7 | 49.0 | 128.3 | 16.1 | 10.7 | 15.6 |
| Cash at End | 138.3 | 112.8 | 172.9 | 217.6 | 101.8 | 165.0 | 114.1 | 97.3 | 67.9 | 90.4 | 49.3 | 86.3 | 101.1 | 138.2 | 87.7 | 49.0 | 128.3 | 16.1 | 10.7 |
| Free Cash Flow | (32.6) | (39.5) | (37.9) | (28.9) | (30.2) | (45.5) | (66.8) | (50.2) | (30.1) | (19.2) | (29.0) | (19.0) | (20.4) | (12.8) | (10.2) | (7.0) | (5.5) | (6.6) | (4.9) |
| Key Metrics | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 0 | (0.0) | 0 | (0.0) | 0 | 0 | 0 | 0 | 0 | (0.0) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | (246.0) | (45.3) | (38.3) | (41.1) | (46.7) | (44.4) | (51.8) | (60.1) | (45.2) | (35.4) | (27.7) | (26.3) | (15.7) | (14.9) | (10.0) | (7.4) | (6.5) | (7.6) | (7.1) |
| Net Income | (241.1) | (39.3) | (32.2) | (36.9) | (43.3) | (42.2) | (48.9) | (56.3) | (41.0) | (31.5) | (24.4) | (22.8) | (12.1) | (12.6) | (9.1) | (6.7) | (6.5) | (7.6) | (7.1) |
| EPS (Diluted) | -2.85 | -0.47 | -0.40 | -0.52 | -0.66 | -0.79 | -0.98 | -1.13 | -0.83 | -0.70 | -0.61 | -0.57 | -0.31 | -0.51 | -1.74 | -1.29 | -1.26 | -1.48 | -1.40 |
| Balance Sheet | |||||||||||||||||||
| Cash & Equivalents | 138.3 | 112.8 | 172.9 | 217.6 | 101.8 | 165.0 | 114.1 | 97.3 | 67.9 | 90.4 | 49.3 | 86.3 | 101.1 | 138.2 | 87.7 | 49.0 | 0 | 10.6 | |
| Total Assets | 667.9 | 652.9 | 661.8 | 599.9 | 335.7 | 354.9 | 205.9 | 268.3 | 318.5 | 347.2 | 251.6 | 277.6 | 291.2 | 306.4 | 114.4 | 122.5 | 0 | 11.1 | |
| Total Debt | 97.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Stockholders' Equity | 550.9 | 638.1 | 646.7 | 576.4 | 313.6 | 341.6 | 191.3 | 236.9 | 290.1 | 328.0 | 241.2 | 264.0 | 285.0 | 295.9 | (52.3) | (43.4) | 6.1 | (22.9) | |
| Cash Flow | |||||||||||||||||||
| Operating Cash Flow | (32.6) | (39.5) | (37.9) | (28.9) | (30.2) | (45.5) | (66.8) | (50.2) | (30.1) | (19.1) | (29.0) | (19.0) | (20.4) | (12.8) | (10.2) | (7.0) | (5.5) | (6.6) | (4.9) |
| Capital Expenditure | 0 | 0 | (0.0) | 0 | 0 | 0 | 0 | (0.0) | 0 | (0.1) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | (32.6) | (39.5) | (37.9) | (28.9) | (30.2) | (45.5) | (66.8) | (50.2) | (30.1) | (19.2) | (29.0) | (19.0) | (20.4) | (12.8) | (10.2) | (7.0) | (5.5) | (6.6) | (4.9) |